Raport Bieżący Nr 50/2018

Key insights

6 takeaways · ~2 min read

01
PlayWay S.A. has restructured its subsidiary Atomic Jelly Sp. z o.o. by increasing the studio's share capital from 25,000 PLN to 200,000 PLN.
02
The capital increase was achieved through the issuance of 700 new shares, resulting in a total investment of 337,000 PLN from existing shareholders and a new strategic partner.
03
Following the transaction, PlayWay’s ownership stake in Atomic Jelly will decrease from 80% to 65%.
04
The remaining ownership of Atomic Jelly is now divided between existing individual shareholders at 20% and a new strategic partner at 15%.
05
The capital infusion is intended to support the operational expansion of Atomic Jelly as the studio enters the production phase of its upcoming title, Mongolia Truck.
06
This corporate action reflects PlayWay’s broader strategy of balancing equity stakes with the funding requirements of its subsidiary studios during active development cycles.

Summary

The Management Board of PlayWay S.A. announced a significant restructuring of the share capital within its subsidiary, Atomic Jelly Sp. z o.o., following a resolution passed on July 25, 2018. The capital increase involves raising the share capital from 25,000 PLN to 200,000 PLN through the issuance of 700 new shares. These shares are being acquired by existing shareholders, including PlayWay and seven individuals, as well as a new strategic partner for a total investment of 337,000 PLN.

This financial maneuver results in a shift in the ownership structure of the Poznań-based development studio. Prior to this resolution, PlayWay held an 80% stake in the company, which it has controlled since 2016. Following the registration of the capital increase with the National Court Register, PlayWay’s ownership will adjust to 65%, while the existing individual shareholders will hold 20% and the new partner will secure a 15% stake.

The infusion of capital coincides with Atomic Jelly’s operational expansion as it enters the production phase of its upcoming title, Mongolia Truck. This corporate action, disclosed under market abuse regulations regarding inside information, reflects the ongoing portfolio management strategy of PlayWay as it balances equity stakes with the funding requirements of its subsidiary studios during active development cycles.